Blue Owl Capital Inc. (NYSE:OWL) Given Average Recommendation of "Moderate Buy" by Analysts

Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) has been given an average rating of "Moderate Buy" by the thirteen analysts that are presently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $23.40.

A number of research firms have recently issued reports on OWL. Keefe, Bruyette & Woods raised Blue Owl Capital from a "market perform" rating to an "outperform" rating and raised their price objective for the company from $20.00 to $23.00 in a research report on Tuesday. Citigroup lowered their target price on Blue Owl Capital from $30.00 to $23.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Wells Fargo & Company increased their target price on Blue Owl Capital from $20.00 to $21.00 and gave the stock an "equal weight" rating in a research note on Friday. Oppenheimer set a $24.00 target price on Blue Owl Capital and gave the stock an "outperform" rating in a research note on Wednesday, April 16th. Finally, Piper Sandler lowered their target price on Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th.

Blue Owl Capital Trading Up 0.1%

Shares of OWL traded up $0.02 during mid-day trading on Monday, reaching $18.25. The company's stock had a trading volume of 4,343,099 shares, compared to its average volume of 6,865,061. Blue Owl Capital has a 1-year low of $14.55 and a 1-year high of $26.73. The stock has a market cap of $28.06 billion, a P/E ratio of 107.33, a PEG ratio of 1.23 and a beta of 1.21. The business has a 50-day simple moving average of $18.63 and a two-hundred day simple moving average of $21.59.

Blue Owl Capital (NYSE:OWL - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. The business had revenue of $620.19 million during the quarter, compared to analyst estimates of $636.44 million. Research analysts anticipate that Blue Owl Capital will post 0.92 EPS for the current year.

Blue Owl Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 4.93%. The ex-dividend date is Wednesday, May 14th. This is a positive change from Blue Owl Capital's previous quarterly dividend of $0.18. Blue Owl Capital's dividend payout ratio (DPR) is 692.31%.

Institutional Investors Weigh In On Blue Owl Capital

A number of large investors have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Blue Owl Capital by 26.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,994,159 shares of the company's stock valued at $39,963,000 after purchasing an additional 420,809 shares in the last quarter. Select Equity Group L.P. acquired a new stake in shares of Blue Owl Capital in the 1st quarter valued at $38,810,000. NewEdge Advisors LLC boosted its holdings in shares of Blue Owl Capital by 2.3% in the 1st quarter. NewEdge Advisors LLC now owns 298,378 shares of the company's stock valued at $5,979,000 after purchasing an additional 6,659 shares in the last quarter. HMI Capital Management L.P. acquired a new stake in shares of Blue Owl Capital in the 1st quarter valued at $30,343,000. Finally, Banque Transatlantique SA acquired a new stake in shares of Blue Owl Capital in the 1st quarter valued at $31,000. Institutional investors and hedge funds own 35.85% of the company's stock.

Blue Owl Capital Company Profile

Blue Owl Capital Inc operates as an asset manager in the United States. The company offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. It also provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; liquid credit; GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants.